Settings8H · net · $10k
Funding arb · Price arb /

SPCH

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Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: Bybit against HTX+0.126%7-day average −0.072% · you sell dearer than you buy
Net, funding: paid 7d − costs−$527as in the Funding arb table
Net, price: spread back to 7d avg − costs−$466as in the Price arb table
costs, in and out, $10k−$4864.856% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.411%−$41 on $10k
Price spread, last 4 days (all we have)−0.244%−$24 · spread now +0.126%, 7d avg −0.072%
Together, before fees−0.655%−$65 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Bybit is 0.198% dearer against HTX than usual: you sell high and buy low, +$20 on $10k if it goes back to its 7-day average of −0.072%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongHTX SPCH-USDT10.3410get 0.0000% / 8h2h 20m$17K$404K20x
ShortBybit SPCHUSDT10.3540get 0.0000% / 8h2h 20m$175K$189K25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bybit against HTX. Falling: the short leg gains. Rising: it loses.
latest
Price spreadloading…

Funding on every exchange

click an exchange to add or hide it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
$0
Price spread: +0.126% → −0.072%
$19.8
Slippage, 4 orders
−$462.55
Fee HTX: 6 bp × 2 orders
−$12
Fee Bybit: 5.5 bp × 2 orders
−$11
Net
−$465.75
Costs to cover
4.856%
Break-even
never at this rate
Slippage from HTX: live order book, 28 min ago; Bybit: live order book, 9 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy HTX live order book, 28 min ago14.51 bp61.1 bp −$61doesn't fitdoesn't fitdoesn't fit
Sell Bybit live order book, 9 min ago6.29 bp168.4 bp −$168doesn't fitdoesn't fitdoesn't fit

SPCH on 5 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bybit SPCHUSDTshort0.0000%8h10.354+0.126%$175K$189K25x
OKX SPCH-USDT-SWAP0.0000%8h10.358+0.164%$97K$281K10xas long as short
Gate SPCH_USDT0.0000%8h10.355+0.135%$232K$499K20xas long as short
Bitget SPCHUSDT0.0000%8h10.3410.000%$207K$276K20xas long as short
HTX SPCH-USDTlong0.0000%8h10.341long leg$17K$404K20x